Travelport to Complete Debt Restructuring

Travelport and its parent holding company,
Travelport Holdings, have successfully obtained the consents
to amend the terms of Travelport Holdings’ unsecured
payment-in-kind (PIK) term loans, including arrangements that
extend the maturity date from 27 March 2012 until 1 December 2016.

During the solicitation of consent for the transaction, Travelport
Holdings received unanimous support from all of its lenders under
its PIK term loans. Holders of Travelport
Limited’s senior secured credit agreement also consented to
certain amendments in connection with the proposed restructuring,
with approximately 99.3% in aggregate principal amount of the
loans outstanding approving the amendment.

“We are very
pleased that Travelport Limited and our parent company have
received overwhelming support for the modification and extension
of its credit facilities,” said Gordon Wilson, President and CEO
of Travelport Limited. “We believe this support reflects the
strength of our business and the confidence in our vision for the
future of the company. With the consents obtained, Travelport Limited will continue to have the financial flexibility to execute
our growth strategy. We remain focused on expanding and improving
our product and technical platform and building on our position as
one of the world’s leading travel content aggregators and
transaction processing providers.”

The amendment
to the PIK term loans is expected to be consummated today, 3
October 2011.

Travelport was advised by Blackstone
Advisory Group, Credit Suisse and UBS in the transactions.